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boehner outlined different positions is there room for a deal. >> i think there may be because john boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if
obama to avoid the fiscal cliff that would affect all of us. speaker boehner continues to insist raising taxes is out of the question. >>> traffic and weather together, next. >> let's take a live look outside, gonna be chilly, meteorologist mike nicco will have your full forecast and we also check in with sue hall.afi >>> 80 homes damaged, to people killed, the cause still unknown. what is next in indiana, after that mysterious blast >>> beautiful picture wanted to show you the gorgeous colors this morning isn't that tremendous as we look southeast. high clouds not as cold as it was over the weekend, still seeing 30s especially in the east bay and north bay valleys and around los gatos. low to mid 40s san francisco]6Ñ÷ in the afternoon 50s coast low to mid 50s the rest of us best thursday. >>> if you have to come to san francisco, great morning to do it, pretty, chilly, light at the bay bridge toll, no issues, into metering lights no problems upper deck light out of novato through central san rafael past freitas parkway to north san pedro road past civic center moving at limit couple
with president obama only the first face-to-face talks with joan boehner. he is hosting minority leader nancy pelosi. harry reid and minority lead mitch mcconnell. he leaves for asia tomorrow and members of congress will be taking a break on the monday after thanksgiving. it will be a key day to watch. meantime, speaking of the budget government's mortgage insurance agency, they say defaults on loan during the housing bubble has resulted in more than $16 billion annual deficit. lease see how stocks are going on. pretty quiet until we get some indication what is going on in washington. we're lower across the board but just barely. bloomberg down half percent. >> what do you do with thanksgiving leftovers. they say $282 million worth of turkey will end up in the trash. wasting the food but also $105 billion of water and greenhouse gas emissions that go into getting that turkey to your table. an estimated $165 billion worth of uneaten food every year. i'm jane king. >> eric: thank you very much. >> kristen: what happened to those turkey sandwiches. >>> that is why we don't go to anybody else's h
was up 16 points. there could be some possible could use with john boehner saying that republicans are willing to consider increase revenue as well as it is noit also is-accod with spending cuts. >> this deals with reforming our tax code and 80 framers that deals with our spending. i believe that the framework is consistent with the president's call for a fair and balanced approach. >> we understand that has to be about cuts. we understand about our responsibility that it has to be about revenue. it has to be about the growth it has to be about the future. >> after all that talk amoun meet for tar described as pretty much everybody was talking about it-those talks were pretty constructive. the highly anticipated wii u will be $300 and new gaming technology. gabe slate tech report >> i got my hands on the new wii u this wireless game controller. here is a sneak peek at one of the greatest products. this is the wii u much more horrible machine with a fall high- definition graphics and the visuals looked much cleaner and sharper. much more -- highly anticipated machine. -- >> this tou
of the year. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of repub
Search Results 0 to 4 of about 5